Morgan Stanley's report covered LAOPU GOLD (06181.HK) -1.500 (-0.231%) Short selling $348.52M; Ratio 20.540% , which delivered strong set of 1Q26 results, with expected EPS likely to double YoY in 1H26. The stock was attractively valued at 13x 2026 P/E, with upside risk to earnings forecasts.The broker raised the company's revenue and net profit forecasts by 13-14%, expecting them to spike 55% and 66% YoY respectively in 2026, at RMB42 billion and RMB8 billion. Related NewsUBS: LAOPU GOLD 1Q26 Guidance Beats; Rating BuyThe broker believed it was conservative enough as it estimated slower demand momentum for 2Q-4Q26 due to gold price uncertainty. Morgan Stanley maintained the group's TP at HKD1,010, with a rating of Overweight. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-03-25 16:25.)